Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Lighter RH against Backpack+0.195%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$5as in the Price arb table
costs, in and out, $10k−$200.199% of the position
Funding, last 7 days−0.055%−$6 on $10k
+Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.195%, 7d avg +0.043%
=Together, before fees−0.155%+ Points / potential airdropLighter RH: Points live · farm board−$15 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter RH is 0.152% dearer against Backpack than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.043%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack SUI_USDC_PERP | 1.0699 | 0.0100 | pay 0.0013% / 1h | 14m 48s | $679K | $1.1M | 20x |
| Short | Lighter RH SUI | 1.0720 | 0.0096 | get 0.0012% / 1h | 14m 48s | $279K | $2.1M | 10x |
Backpack SUI_USDC_PERP
Lighter RH SUIFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Backpack. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.195% → +0.043%
- $15.22
- Slippage, 4 orders
- −$9.91
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$5.53
- Costs to cover
- 0.199%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 4 min ago; Lighter RH: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 4 min ago | 0.47 bp | 5.5 bp −$5 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 3 min ago | 3.33 bp | 3.6 bp −$4 | 16.4 bp −$164 | doesn't fit | doesn't fit |
SUI on 46 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective SUI/USDC PERP | −0.3416% | 1h | 1.0391 | −2.879% | $43K | $123K | 12x | as long as short |
| Hibachi SUI/USDT-P | −0.0488% | 1h | 1.0706 | +0.067% | $6K | $18K | 7x | as long as short |
| Bluefin SUI-PERP | −0.0476% | 1h | 1.0688 | −0.103% | $613K | $412K | 25x | as long as short |
| Reya SUIRUSDPERP | −0.0371% | 1h | 1.0702 | +0.032% | $4K | $3K | 20x | as long as short |
| Phemex SUIUSDT | −0.0077% | 8h | 1.0705 | +0.056% | $12.0M | $25.2M | 50x | as long as short |
| dYdX SUI-USD | 0.0000% | 1h | 1.0728 | +0.273% | $98K | $170K | 10x | as long as short |
| Kalshi KXSUIPERP | 0.0000% | 8h | 1.0736 | +0.342% | $570K | $4.9M | 2.5x | as long as short |
| Deribit SUI_USDC-PERPETUAL | 0.0000% | 1h | 1.0706 | +0.065% | $208K | $581K | 25x | as long as short |
| gTrade (Gains Network) SUI/USD | L +0.0003% / S −0.0003% | 1h | 1.0701 | +0.016% | $116K | — | 150x | as long as short |
| Kraken Futures PF_SUIUSD | +0.0037% | 1h | 1.0707 | +0.077% | $7.4M | $24.1M | 50x | as long as short |
Injective SUI/USDC PERP
Hibachi SUI/USDT-P
Bluefin SUI-PERP
Reya SUIRUSDPERP
Phemex SUIUSDT
dYdX SUI-USD
Kalshi KXSUIPERP
Deribit SUI_USDC-PERPETUAL
gTrade (Gains Network) SUI/USD
Kraken Futures PF_SUIUSDShow all 46 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange SUIUSD | +0.0056% | 1h | 1.0699 | 0.000% | $9K | $9K | 10x | as long as short |
| Lighter SUI | +0.0096% | 1h | 1.0717 | +0.165% | $837K | $5.9M | 10x | as long as short |
| Lighter RH SUIshort | +0.0096% | 1h | 1.0720 | +0.195% | $279K | $2.1M | 10x | |
| Popdex SUIUSDT | +0.0096% | 1h | 1.0706 | +0.065% | $32K | $476K | 50x | as long as short |
| Orderly PERP_SUI_USDC | +0.0100% | 8h | 1.0701 | +0.019% | $50K | $309K | 20x | as long as short |
| Paradex SUI-USD-PERP | +0.0100% | 8h | 1.0733 | +0.318% | $28K | $9K | 30x | as long as short |
| Nado SUI-PERP | +0.0100% | 1h | 1.0708 | +0.082% | $703K | $1.5M | 10x | as long as short |
| Aster SUIUSDT | +0.0100% | 8h | 1.0707 | +0.074% | $1.0M | $4.8M | 75x | as long as short |
| Pacifica SUI | +0.0100% | 1h | 1.0726 | +0.256% | $234K | $251K | 10x | as long as short |
| Binance SUIUSDT | +0.0100% | 8h | 1.0716 | +0.157% | $158.7M | $1.03B | 75x | as long as short |
| Bybit SUIUSDT | +0.0100% | 8h | 1.0717 | +0.165% | $106.7M | $306.5M | 50x | as long as short |
| OKX SUI-USDT-SWAP | +0.0100% | 8h | 1.0712 | +0.122% | $42.7M | $397.4M | 50x | as long as short |
| Arcus SUI-USD | +0.0100% | 1h | 1.0700 | +0.009% | $47K | $387K | 10x | as long as short |
| Bulk SUI-USD | +0.0100% | 1h | 1.0632 | −0.626% | $250K | $3K | 10x | as long as short |
| Gate SUI_USDT | +0.0100% | 8h | 1.0716 | +0.159% | $175.4M | $82.4M | 50x | as long as short |
| MEXC SUI_USDT | +0.0100% | 8h | 1.0716 | +0.159% | $158.0M | $300.1M | 300x | as long as short |
| KuCoin SUIUSDTM | +0.0100% | 8h | 1.0709 | +0.093% | $52.2M | $53.1M | 75x | as long as short |
| Bitget SUIUSDT | +0.0100% | 8h | 1.0713 | +0.131% | $69.8M | $168.5M | 75x | as long as short |
| BingX SUI-USDC | +0.0100% | 8h | 1.0715 | +0.150% | — | $6.5M | — | as long as short |
| Backpack SUI_USDC_PERPlong | +0.0100% | 1h | 1.0699 | long leg | $679K | $1.1M | 20x | |
| Variational Omni SUI | +0.0100% | 8h | 1.0698 | −0.011% | $2.5M | $2.9M | — | as long as short |
| edgeX SUIUSDC | +0.0100% | 4h | 1.0653 | −0.434% | $173K | $4.6M | 20x | as long as short |
| GRVT SUI_USDT_Perp | +0.0100% | 8h | 1.0668 | −0.290% | $465K | $7.1M | 10x | as long as short |
| ApeX Omni SUIUSDT | +0.0100% | 1h | 1.0665 | −0.318% | $237K | $493K | 50x | as long as short |
| Polymarket Perps SUI-USD | +0.0100% | 1h | 1.0715 | +0.150% | $123K | $748K | 10x | as long as short |
| SunX SUI-USDT | +0.0100% | 8h | 1.0717 | +0.168% | $2K | $1.9M | 30x | as long as short |
| SoDEX SUI-USD | +0.0100% | 1h | 1.0698 | −0.009% | $6K | $2.2M | 10x | as long as short |
| HTX SUI-USDT | +0.0100% | 8h | 1.0706 | +0.065% | $668K | $19.0M | 75x | as long as short |
| Extended SUI-USD | +0.0104% | 1h | 1.0714 | +0.137% | $1.5M | $4.0M | 50x | as long as short |
| Aevo SUI-PERP | +0.0104% | 1h | 1.0703 | +0.041% | $41K | $16K | 3x | as long as short |
| Coinbase International SUI-PERP-INTX | +0.0200% | 1h | 1.0705 | +0.056% | $1.0M | $14.8M | 50x | as long as short |
| BloFin SUI-USDT | +0.0220% | 8h | 1.0701 | +0.019% | $8.2M | $25.6M | 100x | as long as short |
| Phoenix SUI | +0.0299% | 1h | 1.0658 | −0.379% | $211K | $590K | 10x | as long as short |
| Hyperliquid SUI | +0.0425% | 1h | 1.0735 | +0.336% | $77.8M | $79.3M | 10x | as long as short |
| GMX SUI/USD [ETH-USDC] | L +0.0636% / S −0.0330% | 1h | 1.0699 | −0.001% | $941K | — | 100x | as long as short |
| Aftermath Perps SUIUSD | +0.0935% | 1h | 1.0673 | −0.247% | $79K | $378K | 10x | as long as short |
01 Exchange SUIUSD
Lighter SUI
Popdex SUIUSDT
Orderly PERP_SUI_USDC
Paradex SUI-USD-PERP
Nado SUI-PERP
Aster SUIUSDT
Pacifica SUI
Binance SUIUSDT
Bybit SUIUSDT
OKX SUI-USDT-SWAP
Arcus SUI-USD
Bulk SUI-USD
Gate SUI_USDT
MEXC SUI_USDT
KuCoin SUIUSDTM
Bitget SUIUSDT
BingX SUI-USDC
Variational Omni SUI
edgeX SUIUSDC
GRVT SUI_USDT_Perp
ApeX Omni SUIUSDT
Polymarket Perps SUI-USD
SunX SUI-USDT
SoDEX SUI-USD
HTX SUI-USDT
Extended SUI-USD
Aevo SUI-PERP
Coinbase International SUI-PERP-INTX
BloFin SUI-USDT
Phoenix SUI
Hyperliquid SUI
GMX SUI/USD [ETH-USDC]
Aftermath Perps SUIUSD